Monthly archive January, 2019

Eurozone's economic sentiment decreased more-than-expected in December to its lowest level since the start of 2017, extending further evidence of a broad-based slowdown in the single currency economy. The economic sentiment index dropped to 107.3 from 109.5 in November, survey Read More →

British construction sector growth was the weakest in three months in December amid a slower rise in commercial work, survey data from IHS Markit showed on Thursday. The CIPS Purchasing Managers' Index, or PMI, fell to 52.8 from 53.4 in Read More →

Partly reflecting favorable weather, payroll processor ADP released a report on Thursday showing much stronger than expected U.S. private sector job growth in the month of December. ADP said private sector employment surged up by 271,000 jobs in December.Original Read More →

A report released by the Labor Department on Thursday showed a bigger than expected increase in first-time claims for U.S. unemployment benefits in the week ended December 29th. The report said initial jobless claims climbed to 231,000.Original Article Read More →

Indicating a notable slowdown in the pace of growth in U.S. manufacturing activity in the month of December, the Institute for Supply Management released a report on Thursday showing a much bigger than expected drop by its index of activity Read More →

Germany's employment grew to a record high in 2018 despite a slowdown in the economy, preliminary figures from the Federal Statistical Office showed on Wednesday. The number of employed grew by 562,000 persons or 1.3 percent to an annual average Read More →